Friday, August 15, 2014

2014 Louisiana Tax Amnesty Program to run Oct. 15-Nov. 14

Louisiana Tax Amnesty 2014 will be held from Oct. 15 through
Nov. 14, 2014, the Louisiana Department of Revenue (LDR) recently announced.
The 30-day tax amnesty program offers noncompliant taxpayers the opportunity to
settle their accounts with the state by paying 100 percent of delinquent taxes,
with a waiver of all penalties and 50 percent of the interest owed.

New to the amnesty program this year is the option for
individual and business taxpayers to pay their overdue tax liabilities through
installment payments over a six-month period of time.

Beginning at 12:01 a.m. on Oct. 15 through 11:59 p.m. on
Nov. 14, eligible taxpayers can apply online at www.ldrtaxamnesty.com. Or for
more information, they can call 866-782-9241.

“Delinquent taxpayers have more options than ever to satisfy
their obligations,” Secretary of Revenue Tim Barfield said. “Hopefully, this
will encourage everybody who has fallen behind to take this opportunity to make
a fresh start.”

The Louisiana State Legislature has set a goal of collecting
$100 million for the 2014 Tax Amnesty program.

Taxpayers identified as noncompliant in LDR’s records should
expect to receive a letter and/or a recorded telephone message before the start
of the amnesty program with instructions for submitting applications and
payments online. Contact information is drawn from data taxpayers have
submitted to LDR with their tax filings and other communications.

Delinquent taxpayers have a limited amount of
time to take advantage of amnesty. According to Act 822 of the 2014 Legislative
Session, after the conclusion of the amnesty period in 2015, there shall be no
new amnesty program implemented by the Dept. of Revenue before Jan. 1, 2015.